Madras High Court
The Commissioner Of Income Tax vs Shri.K.Srikkanth on 8 June, 2016
Author: S.Manikumar
Bench: S.Manikumar, D.Krishnakumar
In the High Court of Judicature at Madras Dated: 8/6/2016 C O R A M The Honourable Mr.Justice S.Manikumar and The Honourable Mr.Justice D.Krishnakumar Tax Case Appeal No.1008 of 2009 The Commissioner of Income Tax Circle V Chennai. ... Appellant Vs Shri.K.Srikkanth 'Aaryaas' No.378 Kapaleeswarar Nagar Neelangarai Chennai 41. ... Respondent Prayer: Appeal filed against the order of the Income Tax Appellate Tribunal, Madras 'C' Bench, Chennai, dated 6/2/2009 in ITA No.1512/Mds/2008. For appellant : Mr.T.R.Senthil Kumar Senior Standing Counsel for Income Tax. For respondent : Mr.S.Sridhar - - - - - - J U D G M E N T
(Judgment of the Court was made by S.Manikumar,J) This Appeal has been filed against the order of the Income Tax Appellate Tribunal, 'C' Bench, Madras, dated 6/2/2009.
2. The substantial questions of law raised in the instant appeal are:-
1. Whether on the facts and in the circumstances of the case, the ITAT is right in not adjudicating the specific grounds raised in the appeal?
2. Whether on the facts and circumstances of the case, the Tribunal is right in deleting the addition on technical grounds since addition was made under Section 41 (1) of I.T.Act?
3. Whether on the facts and circumstances of the case, the existence of the company is essential to claim liability or not?
3. Mr.T.R.Senthil Kumar, learned Senior Standing Counsel for Income Tax submitted that the tax implication in the instant appeal is less than the ceiling limit fixed by the Circular bearing No.21 of 2015, dated 10/12/2015. He further submitted that as per the Circular, Tax Appeals have been instructed to be withdrawn, subject to the matters covered under the Circular.
4. Placing on record the above submissions, while dismissing the Tax Case Appeal No.1008 of 2009, as withdrawn, substantial questions of law raised are left open. No costs.
(S.M.K.,J) (D.K.K.,J)
8th June 2016.
mvs.
Index: yes/No
website: Yes/No.
S.MANIKUMAR,J
a n d
D.KRISHNAKUMAR,J
mvs.
Tax Case Appeal No.1008 of 2009
8/6/2016